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In this special "Joy Of Tax" episode of Silver Talks Money, Jim Silver spells out the difference between "deductions" and "credits," and describes how these items will effect your next tax return.
there are certain expenses which are allowed as deductions under the head 'income from other sources'. This video gives us a detailed understanding of what these are. This video also talks about expenses incurred which are not allowable as deductions under income from other sources while filing tax returns in India
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Making a tax deductible donation is a great way to lower your tax bill, but you need to follow some simple rules to avoid problems with the IRS.
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